Blue Ridge Real Estate (OTCMKTS:BRRE) Trading 5.9% Higher – Here’s What Happened

Blue Ridge Real Estate Co. (OTCMKTS:BRREGet Free Report)’s share price traded up 5.9% during trading on Monday . The stock traded as high as $9.00 and last traded at $9.00. 200 shares changed hands during mid-day trading, an increase of 400% from the average session volume of 40 shares. The stock had previously closed at $8.50.

Blue Ridge Real Estate Stock Performance

The company has a 50 day moving average price of $8.46 and a 200 day moving average price of $8.21. The firm has a market cap of $21.69 million, a price-to-earnings ratio of -27.27 and a beta of 0.19.

Blue Ridge Real Estate (OTCMKTS:BRREGet Free Report) last announced its quarterly earnings results on Monday, September 15th. The company reported $0.07 EPS for the quarter. Blue Ridge Real Estate had a negative return on equity of 3.74% and a negative net margin of 11.65%.The business had revenue of $2.53 million for the quarter.

About Blue Ridge Real Estate

(Get Free Report)

Blue Ridge Real Estate Company owns investment properties in Eastern Pennsylvania. It operates in three segments: Resort Operations, Real Estate Management/Rental Operations, and Land Resource Management. The Resort Operations segment operates amenities surrounding Big Boulder Lake, including Boulder View Tavern and Boulder Lake Club; the Jack Frost National Golf Course; and the Stretch fishing club.

Featured Stories

Receive News & Ratings for Blue Ridge Real Estate Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blue Ridge Real Estate and related companies with MarketBeat.com's FREE daily email newsletter.